Rewards
This section details the types of rewards available and the processes for claiming them.
Rewards are designed to incentivize and recognize community participation, supporting Botto's collaborative process and long-term success.
Instant Rewards (Soon)
Active Rewards (ETH)
Active Rewards incentivize Botto participants by redistributing 40% of protocol revenue in ETH to those who actively contribute by voting within a round.
Of the remaining revenue, 40% is allocated to the treasury to support long-term sustainability, and 20% is directed toward building Protocol-Owned Liquidity (POL) to ensure market stability and liquidity.
Here’s how it works:
Eligibility for Active Rewards:
Stake Requirement:
Users must have at least 100 $BOTTO staked in the Governance Contract, in either Ethereum or Base, before the end of the round and when claiming rewards.
If a wallet unstakes during the round, it becomes ineligible for that round's rewards (distributed on the Monday following the round's conclusion).
Voting Participation:
Users must actively participate in the voting round to qualify, contributing to Botto’s creative training process.
Reward Distribution Schedule:
Rewards are calculated and made available for claim on the user’s rewards page every Monday following the end of a round.
Distribution announcements detailing revenue breakdown and rewards calculations are shared on Discord after rewards are available.
If no round is active, rewards are not distributed. Instead, any settled revenue is carried over to subsequent rounds in the next period.
The schedule of rounds can be checked on the events available on Discord.
Claiming Rewards
If you qualify for rewards but don’t see any amounts added to your balance, it may be because they are below 0.001 ETH.
Rewards can be claimed on either Ethereum or Base, regardless of the chain where tokens are staked or the chain from which Voting Points (VP) were spent.
It is recommended to check gas fees on the network before claiming to ensure the transaction is worthwhile, especially on Ethereum.
Accumulating rewards over multiple rounds is advised if the claimable amount is around 0.01 ETH.
Withdrawals for amounts below 0.001 ETH are disabled.
Liquidity Mining Rewards ($BOTTO)
Claiming Liquidity Mining rewards is currently only available on Ethereum mainnet.
Liquidity Mining Rewards incentivize users to provide liquidity for the BOTTO-ETH pair on Uniswap. Participants can earn $BOTTO rewards by staking their BOTTO-ETH LP (UNI-V2) tokens on the Staking page of the Botto app under the 'Liquidity Mining' tab.
How It Works
Emissions and Duration: 20% of the total $BOTTO supply is allocated to liquidity mining, with emissions linearly distributed over 4 years (14/10/2021 to 15/10/2025).
Earning Rewards: Users earn rewards in $BOTTO based on their share of the staked liquidity and the ongoing emission rate.
Claiming Rewards: To claim rewards, users must provide BOTTO-ETH liquidity, receive UNI-V2 tokens, and stake them in the 'Liquidity Mining' tab.
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